 The deadline to apply for the COVID Economic Injury Disaster Loan (EIDL) was December 31, 2021. We are unable to accept new applications for COVID-19 relief loans or grants. We will continue to accept requests for EIDL increases and reconsiderations, as well as reconsideration requests on previously declined Targeted Advance applications. See below for further details.
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EIDL loan and Targeted Advance applications received prior to the deadline will continue to be processed after the deadline. We are unable to accept new applications after the deadline.
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Supplemental Targeted Advance applications are no longer being accepted, processed or funded.
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COVID EIDL Borrowers can request increases up to their maximum eligible loan amount for up to two years after their loan origination date, or until the funds are exhausted, whichever is soonest.
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The SBA will accept and review reconsideration and appeal requests for COVID EIDL applications received on or before December 31 if the reconsideration/appeal is received within the timeframes in the regulation. This means six months from the date of decline for reconsiderations and 30 days from the date of reconsideration decline for appeals – unless funding is no longer available.
For help with EIDL, call 833-853-5638 (855-440-4960 for the deaf and hard-of-hearing) or email disastercustomerservice@sba.gov. For help with Targeted EIDL Advance, email TargetedAdvance@sba.gov. The COVID-19 EIDL Customer Service Center is open 8:00 am to 8:00 p.m. ET, six days a week. Learn more at sba.gov/eidl.
If you are unable to resolve issues with your application through the customer service team, you may contact your local district office or SBA resource partner. To find the office nearest you, click here.
Critical components to the survival of Texas’ small businesses in both 2020 and 2021 were included in the CARES Act and later extended through the American Rescue Plan. The state of Texas, with its 29.6 million small businesses, has consistently been one of the top three states in our nation receiving SBA administered pandemic based relief. The CARES Act funded loans for eligible businesses affected by the COVID-19 pandemic through both the Paycheck Protection Program (PPP) and COVID-19 Economic Injury Disaster Loans (EIDL). West Texas banks, credit unions and other lending institutions were quick to act on two rounds of funding for the Paycheck Protection Program. Texas' small businesses also received a big financial boost from the Restaurant Revitalization Fund and the Shuttered Venue Operators Grant.
SBA CARES Act & American Rescue Plan funding for small businesses for the State of Texas as of January 19, 2022:
- Paycheck Protection Program: 976,435 loans for $63,589,620,198
- SBA COVID-19 EIDL Program: 331,362 loans for $28,359,091,400
- Targeted EIDL Advance: 45,380 grants funded for $391,419,000
- Supplemental Targeted Advance: 34,656 grants funded for $173,280,000
- Shuttered Venue Operators Grant: 748 initial and 443 supplemental grants funded for $1,116,215,895
- Restaurant Revitalization Fund: 6,406 grants funded for $1,674,864,564
(The numbers reflected above are for the entire State of Texas. Additional data may be found here.)
The FY2021 Regular Program loan totals for the West Texas District were:
- 7(a) Loan Program: 163 loans approved totaling $153,257,700
- 504 Loan Program: 21 loans approved totaling $14,468,000
The top 7(a) lenders in West Texas by number of loans:
Wells Fargo Bank, National Association 13 $132,500
Live Oak Banking Company 12 $23,022,000
Southwest Bank 12 $8,857,700
Peoples Bank 8 $6,922,700
Happy State Bank 8 $2,391,900
First National Bank And Trust (Weatherford) 8 $2,269,900
United Midwest Savings Bank, Nat’l Assoc. 6 $900,000
Newtek Small Business Finance, Inc. 5 $7,296,200
Vista Bank 5 $1,334,400
The First National Bank Of Ballinger 4 $2,034,000
The top 504 lenders by number of loans:
Caprock Business Finance Corporation, Inc. 11 $6,473,000
Capital Certified Development Corporation 9 $7,765,000
Texas Panhandle Regional Development Corp. 1 $230,000
Note: SBA’s fiscal year runs from October 1 thru September 30 of each year.
The Northwest Texas Small Business Development Center (NWTSBDC) network is hosted by Texas Tech University and has six regional centers that serve West Texas small businesses. These centers provide no-cost business consulting and low-cost training to new and existing businesses. Small business owners and aspiring entrepreneurs can receive face-to-face business consulting and at-cost training on a variety of topics.
During the pandemic the SBDC's have provided recovery assistance for businesses affected by COVID, including navigating the many relief programs offered by SBA. They continue to assist small businesses with PPP forgiveness applications and reconsideration requests on COVID EIDL loans.
The centers within the local network are:
- Lubbock - Texas Tech SBDC
- Abilene - Texas Tech SBDC
- Amarillo - West Texas A&M SBDC
- Odessa - University of Texas Permian Basin
- Wichita Falls - Midwestern State SBDC
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Stephenville - Tarleton State SBDC
To receive more information about accessing these services on starting and growing your small business:
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Success Stories
We love hearing about small businesses and entrepreneurs who took advantage of our programs and services and were successful in building their business. If you have a success story you would like to share please send it to us at perla.sosa@sba.gov.
Lubbock - The Farmhouse
Steve Gonzales was a seasoned veteran of the restaurant business. He had worked as a waiter, a bartender, a manager and all jobs in between before he embarked on starting a restaurant concept of his own. Steve had served as the general manager for a local restaurant that served breakfast and lunch, and he dreamed of opening something similar that would afford him more time to spend with his family.
Steve approached the SBDC about putting together a business plan for a breakfast and lunch restaurant in Lubbock, Texas. He dubbed the restaurant The Farmhouse to emphasize the fresh, made from scratch recipes that he knew would win favor with local restaurant goers.
Steve, with the assistance of the SBDC, was able to make his dream a reality. He now has two locations for what has become one of the more popular breakfast/lunch venues in Lubbock, Texas.
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